Latest news
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CEO sees a possible initial public offering as the “base case” for the future of novobanco
In an interview with Francine Lacqua from Bloomberg TV, our CEO reaffirms that "We have a couple of things that we need to do. We need to do some issuance of MREL. That will allow us to release excess capital, and then essentially we have the balance sheet ready to go. After that, it’s a question of markets. " -
Novo Banco, S.A. informs about Investment Grade Rating by Fitch
Novo Banco, SA (“novobanco” or the “Bank”) informs that Fitch Ratings Ltd (“Fitch”) has assigned an Investment Grade rating to novobanco, with Long-Term Issuer Default Rating (IDR) of 'BBB-' with a Stable Outlook. Fitch has also assigned a Viability Rating (VR) of 'bbb-'. -
EIB signs agreement with novobanco to provide €300 million in new loans to Portuguese companies
• The transaction consists of a risk-sharing guarantee to support mid-cap companies and public sector entities. • This operation will allow novobanco to finance small and medium-sized investment projects that may benefit less developed regions in Portugal. • The EIB thus continues to improve access to finance and financing conditions for local businesses. -
Novobanco selected the Best Trade Finance Provider, in Portugal, for the sixth year in a row
Novobanco was once again considered, for the sixth year in a row, the best Trade Finance Provider in Portugal(*), by the international magazine “Global Finance”. Taking into consideration several criteria like transaction volume, customer service and innovative technologies, the editorial review board of this magazine, as well as the industry analysts, corporate executives and IT experts, selected the best service providers in Trade Finance in more than 100 countries and regions.
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Interview with luís Ribeiro CCO- Retail
International Banker was pleased to learn from Mr. Luís Ribeiro, chief commercial officer of novobanco, about the bank’s recent growth in size, popularity and profitability.
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